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193
Feb 20, 2013
02/13
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WJLA
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. >> president obama is warning congress that it must not happen. recess if the cuts occur, the full range of government will feel the cuts. >> these cuts are not smart not there, they will honor its our economy, and hundreds of thousands of americans to the unemployment roll. palooza their jobs. the-- people will lose their jobs. >> he felt initially that it would pressure congress, but now he says it's not an option. >> residents will get the chance to hear more about montgomery county's challenges, accomplishments, and future plans this evening when county executive gives his state of the congcounty address. >> that will be broadcast live on county's cable channel as well as on their web site. 4:50. jacqui says we need to have warm clothing today. >> bundle up. wind out of the northwest at 13 miles an hour. that will pickup to 25 miles an hour. it will be bitter cold today. like sunday. gaithersburg is 18 degrees and it feels like 16 in hagerstown. 26 in winchester. we are concerned with the temperature near freezing but there will be some slick
. >> president obama is warning congress that it must not happen. recess if the cuts occur, the full range of government will feel the cuts. >> these cuts are not smart not there, they will honor its our economy, and hundreds of thousands of americans to the unemployment roll. palooza their jobs. the-- people will lose their jobs. >> he felt initially that it would pressure congress, but now he says it's not an option. >> residents will get the chance to hear more about...
206
206
Feb 20, 2013
02/13
by
WTTG
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obama adamantly defended. the president is pointing fingers at republicans saying it is up to them to avoid a budget pitfall. experts say at this point the blame game needs to end and a solution needs to be made. >> this is ridiculous. $85 billion and a $3.6 trillion government. 5% domestic spending. 7% defense spending. the world will not end. >> it will jeopardize military readiness. creating investments and education and medical research. >> experts say the sequester only represents a small fraction of federal spending and the debt will continue to grow every year whether a deal is reached or not. if there is a silver lining, both democrats and republicans agree the economy would take a hit if federal spending cuts are made. congress remains on vacation this week. little hope for a deal between now and the march 1st deadline. >> thank you very much. >>> and happening today, former congressman jesse jackson junior and his wife sandra will appear in a court for a plea hearing. accused of scheming to spend hun
obama adamantly defended. the president is pointing fingers at republicans saying it is up to them to avoid a budget pitfall. experts say at this point the blame game needs to end and a solution needs to be made. >> this is ridiculous. $85 billion and a $3.6 trillion government. 5% domestic spending. 7% defense spending. the world will not end. >> it will jeopardize military readiness. creating investments and education and medical research. >> experts say the sequester only...
273
273
Feb 20, 2013
02/13
by
CNBC
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austin didn't mention the obama-care tax or payroll tax or any of that. those are all headwinds, too. >> listen, i think the impasse in washington is just crazy right now. i am absolutely for not having the sequestration. it's just too blunt of an object. >> but the two sides have not been able to -- >> zero. >> no common room -- common ground. >> if you could cut 85 you wanted to cut? >> in a nanosecond. >> do you have 85 you want to cut? >> do i know it off the top of my head. i think you need to still hit the revenue side. you need revenues and spending to be that fly% differential, you have to get there. you need revenues up by 18%. >> do you get that growing or additional taxes? >> i don't want to use the word taxes and i'm not trying to -- i don't think we're talking about tax rates here. there are certainly revenue loopholes we could be closing. >> we're supposed to close those to lower marginal rates. >> but we didn't. >> simpson-bowles we were lowering marginal rates and closing loopholes. now, we raise annual rates and you close loopholes. >> it
austin didn't mention the obama-care tax or payroll tax or any of that. those are all headwinds, too. >> listen, i think the impasse in washington is just crazy right now. i am absolutely for not having the sequestration. it's just too blunt of an object. >> but the two sides have not been able to -- >> zero. >> no common room -- common ground. >> if you could cut 85 you wanted to cut? >> in a nanosecond. >> do you have 85 you want to cut? >> do i...
172
172
Feb 20, 2013
02/13
by
KTVU
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. >>> president obama warning of severe economic consequences if automatic federal government spending cut the take effect next week -- cuts take effect next week. as kyla campbell reports, next friday we could see the economy take a downturn. >> reporter: dave, congress is on break until monday. when they return to capitol hill, they will have just four days to reach a deal. meanwhile, federal civilian workers, including those in california, are learning more about possible furloughs today. the pentagon just announced a news conference at 10:00 a.m. pacific to lay out how these automatic spending cuts will affect our spending. there are about 170 federal civilian workers in california. most of them would be furloughed for up to 22 days. that's equivalent to a 20% pay cut over a six-month period. now, those furloughs would not kick in until april, even if sequestration takes effect next friday. businesses that work for the federal government would also cut back. >> that waiting and failing to spend now is what could lead to unemployment now and difficulties later. . >> reporter: we'll
. >>> president obama warning of severe economic consequences if automatic federal government spending cut the take effect next week -- cuts take effect next week. as kyla campbell reports, next friday we could see the economy take a downturn. >> reporter: dave, congress is on break until monday. when they return to capitol hill, they will have just four days to reach a deal. meanwhile, federal civilian workers, including those in california, are learning more about possible...